Cost of Living in Ayrshire, IA

With a cost of living index of 72, Ayrshire, IA is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and in line with the Iowa state average. Ayrshire is a small community of 154 residents.

Housing costs are the biggest factor in Ayrshire's cost of living. The median monthly rent is $1,250 (5% below the US median of $1,319), and the median home value sits at $26,400 (91% below the national median of $304,900). At current prices, the median home costs roughly 0.5x the median household income — well within traditional affordability guidelines.

The median household income in Ayrshire is $55,625, which is 26% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.